AI-Powered Portfolio Monitoring
Track covenants across your entire portfolio. AI-powered analysis. Self-hosted for data sovereignty. Know before your lenders do.
Self-hosted. Your data never leaves your network. Enterprise AI at small-firm prices.
73% of PE firms cite covenant monitoring as a major operational bottleneck.
Covenant tracking doesn't scale. As your portfolio grows, spreadsheets become unmanageable, error-prone, and impossible to audit.
You find out about breaches after lenders call. By then, it's too late to negotiate or remediate. You're always playing catch-up.
Sensitive financial data scattered across cloud tools. When LPs ask where their portfolio data lives, what's your answer?
Institutional-grade monitoring, delivered on your infrastructure.
AI automatically tests covenants against thresholds. Debt/EBITDA, Interest Coverage, Current Ratio - all monitored in real-time.
Upload financials in any format. Our AI extracts the data you need without manual entry or reformatting.
Your data stays on your infrastructure. No third-party clouds. Full data sovereignty for LP compliance.
Stop staring at twelve spreadsheets. COVENANT rolls every portfolio company's covenant posture into one health score the investment committee can read in three seconds.
Real-time covenant testing across every LBO in the book. Green means tested and clean. Yellow means within ten percent of a covenant trip. Red means breach. Click through to any company for the full test-by-test drill-down.
Illustrative dashboard. Live product uses your fund's covenant schedule and financials.
One breach. Four defaults. You are not watching an isolated thunderstorm over a single portfolio company - you are seeing the topological map of how the floodwaters spread across your capital structure before the original lender's demand letter lands.
Company A trips a leverage covenant. The radar picks up the contagion as it spreads: COVENANT's lender-graph analysis surfaces every shared-lender exposure, MFN clause, and cross-default provision that drags B, C, and D into the storm before the original lender's demand letter lands. Your workout team has a two-week head start.
A radar that fires on every drizzle trains its users to mute notifications. COVENANT routes every signal through a three-tier confidence classifier before it reaches a human. Pager-worthy signals stay pager-worthy.
Tier 1
High confidence. Cross-default cascade risk detected across 2+ borrowers with connected exposure.
Routes to: pager credit committee
Response: within 24 hours
Calibrated to fire under 5x per quarter per 200-facility fund.
Tier 2
Medium confidence. Single-borrower covenant ratio deteriorating, debt-service coverage dropping past warning threshold, unplanned capex mid-quarter.
Routes to: portfolio manager daily digest
Response: within 5 business days
Per-PM sensitivity controls tune the floor.
Tier 3
Low confidence. Early signals, single data-point drift, not yet indicative of stress. Logged for pattern detection.
Routes to: weekly portfolio summary
Response: no immediate action
Feeds quarterly sensitivity recalibration.
Alert-history analytics recalibrate sensitivity quarterly based on tracked outcomes.
"Your last 20 Tier 2 alerts, 14 actionable, 6 noise, sensitivity auto-recalibrated." The radar gets sharper every quarter. The boy-who-cried-wolf problem is engineered out by design.
The radar is only as sharp as the data feed behind it. COVENANT makes the data quality per borrower explicit on every dashboard, with a "Path to A" roadmap built into every sub-A grade.
Per-Borrower Data Quality Grade
A
Real-time API integration direct from the borrower's accounting system.
B
Scheduled daily structured push via Onboarding Wizard.
C
Monthly structured financial statements via Onboarding Wizard.
D
Quarterly structured financials (the legacy baseline).
F
Quarterly scanned PDFs with OCR extraction (lagging).
COVENANT protects 80% of your book continuously. The remaining 20% gets alerted when the data catches up.
Every sub-A borrower ships with an auto-generated Path to A action list: "Re-negotiate reporting requirements in next amendment cycle," "Deploy Onboarding Wizard for this borrower," "Request API integration for upcoming refinancing." Portfolio coverage compounds as the action list closes out.
Drag the slider to match your portfolio. The math comes from finance teams who still run covenant tracking in Excel.
Estimates based on industry PE ops benchmarks. Your mileage varies with fund size, covenant complexity, and how busy your FP&A team already is.
Lock in founder pricing before regular subscriptions go live.
Once they're gone, it's full price. Lock in your rate before the next tier fills.